Book chapter
“A Review of Hedge Fund Activism: Impact on Shareholders and Stakeholders,” 2021, Oxford Handbook of Hedge Funds, Oxford University Press.
Published work
“Product Market Competition, Mergers and Acquisitions, and Covenant Redesign,” forthcoming in the Review of Corporate Financial Studies.
“Common Ownership and Creative Destruction: Evidence from U.S. Consumers,” forthcoming in the Review of Finance.
cited in
Columbia Law School’s Blog on Corporations and the Capital Markets, November 18, 2024.
“Personal Financial Distress, Limited Attention and Sell-Side Analysts,“ 2022, Journal of Accounting Research, Vol. 60, pp. 97–128.
“Political Uncertainty and Household Stock Market Participation,” 2022, Journal of Financial and Quantitative Analysis, Lead Article, Vol. 57, pp. 2899–2928.
“Globalization, Competition and Entrepreneurial Activity: Evidence from U.S. Households,” 2021, Journal of Monetary Economics, Vol. 120, pp. 83–100.
“Shareholders versus Stakeholders in Investor Activism: Value for Whom?” 2020, Journal of Corporate Finance, Vol. 60, Article 101548.
“The Real Effects of Forced Sales of Corporate Bonds,” 2018, Journal of Monetary Economics, Lead Article, Vol. 95, pp. 1–17.
cited in
Wall Street Journal, “Watching Bond Liquidity from the Ivory Tower” September 22, 2015, by Matt Wirz.
Fiscal Times, “Contagion that Led to the Great Recession,” October 14, 2015, by Rob Garver.
SEC Commentary on Proposed Rule on Open-End Fund Liquidity Risk Management Programs, January 13, 2016, by Americans for Financial Reform.
“Stapled Financing, Value Certification, and Lending Efficiency,” 2017, Journal of Financial and Quantitative Analysis, Vol. 52, Issue 2, pp. 677-703.
“The Product Market Effects of Hedge Fund Activism,” 2016, Journal of Financial Economics, Vol. 119, Issue 1, pp. 226-248.
cited in
Harvard Law School Forum on Corporate Governance and Financial Regulation, November 17, 2015.
Bloomberg, “Activists Are Tough on Companies They Don't Own,” November 7, 2015, by Matt Levine.
Columbia Law School’s Blog on Corporations and the Capital Markets, December 10, 2015.
“Do Lending Relationships Have Real Corporate Effects?” 2016, Financial Management, Vol. 45, Issue 1, pp 141-173.
“National Governance Bundles and Corporate Agency Costs: A Cross-Country Analysis.”, 2014, Corporate Governance: An International Review, Vol. 22. Issue 3, pp. 230-251.
“Strategic Ownership Structure and the Cost of Debt,” 2012, Review of Financial Studies Vol. 25, pp. 2257-2299.
“The Characteristics of Informed Trading: Implications for Asset Pricing,” 2011, Journal of Empirical Finance, Lead Article, Vol. 18, Issue 5, pp. 782-801
“Lemons or Cherries? Growth Opportunities and Market Temptations in Going Public and Private,” 2011, Journal of Financial and Quantitative Analysis, Vol. 46, Issue 2, pp. 489-526.
Permanent working papers
“Wealth Effects of Hedge Fund Activism.”
“Valuation Risk, Control and the Public Financing of Entrepreneurial Firms.”
